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News
AT&T Working on New iPhone Contract
Wednesday, April 15th, 2009 at 7:57 AM - by Jeff Gamet
AT&T has been Apple's exclusive partner for the iPhone in the U.S. since the device was first released, and the cell carrier is hoping to keep its exclusive deal past 2010. The agreement the two companies struck before the iPhone was launched expires next year, putting AT&T CEO Randall Stephenson on the move to swing a new exclusive deal that runs at least through 2011, according to the Wall Street Journal.
Landing a new exclusive deal with Apple would likely be a big win for AT&T. The carrier added 4.3 million iPhone customers in the second half of 2008, and about 40 percent of those were new to AT&T -- substantial numbers, especially since the company is pushing its wireless services over its traditional land line services.
Mr. Stephenson isn't talking about the terms of AT&T's deal with Apple, or about the current negotiations. Apple is equally tight-lipped, although a company spokesperson did comment "We have a great relationship with AT&T."
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